Product Code: SR112025A501
The global HPMC (hydroxypropyl methylcellulose) market size reached 161.6 Kilo Tons in 2024. Looking forward, IMARC Group expects the market to reach 236.1 Kilo Tons by 2033, exhibiting a growth rate (CAGR) of 4.09% during 2025-2033.
Hydroxypropyl methylcellulose (HPMC), also known as hypromellose, is a derivative of alkali cellulose obtained by treating cotton liner or wood pulp with caustic soda, methyl chloride, and propylene oxide. It is an odorless, tasteless, light-colored, and non-toxic powder that forms a colloid solution when dissolved in cold water. As it exhibits hydrophilic and reversible gelation properties, it finds applications in various fields, ranging from construction to ophthalmology. Nowadays, HPMC is increasingly being utilized in preparing biocomposites on account of its excellent biodegradability and biocompatibility.
HPMC (Hydroxypropyl Methylcellulose) Market Trends:
The market growth can be accredited to the increasing use of HPMC in several industry verticals. For instance, it acts as a thickening agent, stabilizer, and emulsifier in the preparation of toppings, sauces, frozen fruits, ketchup, and various bakery items. This, in confluence with the escalating demand for low-fat food products on account of the increasing health consciousness among individuals, represents one of the major factors driving the demand for HPMC in the food and beverage (F&B) industry. Moreover, as it is inert, semisynthetic, and viscoelastic, it is utilized as a lubricant, binder, excipient, bio adhesive, solubility enhancer, and dispersing agent in the production of lotions, ointments, creams, and pastes. In addition to this, the increasing focus on personal health and hygiene is positively influencing the sales of personal care products, which, in turn, is contributing to market growth. Apart from this, the expanding applications of HPMC in manufacturing dyes, paints, coatings, textiles, and oral medications are anticipated to provide lucrative growth opportunities to market players.
Key Market Segmentation:
Breakup by End Use:
- Construction
- Pharmaceuticals (Including Cosmetics)
- Food Industry
- Others
Presently, the construction industry dominates the market due to the significant increase in the building of contemporary homes and offices.
Breakup by Region:
- China
- Western Europe
- Other Asia
- United States
- Central/Eastern Europe
- Middle East
- South America
- Others
United States holds the largest market share on account of the revival of the real estate sector in the country.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Ashland Global Holdings Inc., Dow Chemical Company, LOTTE Fine Chemical Co. Ltd., SE Tylose GmbH & Co. KG and Shandong Head Co. Ltd.
Key Questions Answered in This Report
- 1.How big is the global HPMC (Hydroxypropyl Methylcellulose) market?
- 2.What is the expected growth rate of the global HPMC (Hydroxypropyl Methylcellulose) market during 2025-2033?
- 3.What are the key factors driving the global HPMC (Hydroxypropyl Methylcellulose) market?
- 4.What has been the impact of COVID-19 on the global HPMC (Hydroxypropyl Methylcellulose) market?
- 5.What is the breakup of the global HPMC (Hydroxypropyl Methylcellulose) market based on the end use?
- 6.What are the key regions in the global HPMC (Hydroxypropyl Methylcellulose) market?
- 7.Who are the key players/companies in the global HPMC (Hydroxypropyl Methylcellulose) market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Properties
- 4.3 Key Industry Trends
5 Global HPMC Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Impact of COVID-19
- 5.4 Price Analysis
- 5.4.1 Key Price Indicators
- 5.4.2 Price Structure
- 5.4.3 Price Trends
- 5.5 Market Breakup by Region
- 5.6 Market Breakup by End Use
- 5.7 Market Forecast
- 5.8 SWOT Analysis
- 5.8.1 Overview
- 5.8.2 Strengths
- 5.8.3 Weaknesses
- 5.8.4 Opportunities
- 5.8.5 Threats
- 5.9 Value Chain Analysis
- 5.9.1 Overview
- 5.9.2 Research and Development
- 5.9.3 Raw Material Procurement
- 5.9.4 Manufacturing
- 5.9.5 Distribution
- 5.9.6 Exports
- 5.9.7 End Use
- 5.10 Porter's Five Forces Analysis
- 5.10.1 Overview
- 5.10.2 Bargaining Power of Buyers
- 5.10.3 Bargaining Power of Suppliers
- 5.10.4 Degree of Competition
- 5.10.5 Threat of New Entrants
- 5.10.6 Threat of Substitutes
- 5.11 Trade Data
- 5.11.1 Imports
- 5.11.2 Exports
- 5.12 Key Market Drivers and Success Factors
6 Performance of Key Regions
- 6.1 China
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Western Europe
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Other Asia
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 United States
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Central/Eastern Europe
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Middle East
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 South America
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
- 6.8 Others
- 6.8.1 Market Trends
- 6.8.2 Market Forecast
7 Market by End Use
- 7.1 Construction
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Pharmaceuticals (Including Cosmetics)
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Food Industry
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Competitive Landscape
- 8.1 Competitive Structure
- 8.2 Key Manufacturers
- 8.3 Profiles of Key Players
- 8.3.1 Ashland Global Holdings Inc.
- 8.3.2 Dow Chemical Company
- 8.3.3 LOTTE Fine Chemical Co. Ltd.
- 8.3.4 SE Tylose GmbH & Co. KG
- 8.3.5 Shandong Head Co. Ltd.
9 HPMC Manufacturing Process
- 9.1 Product Overview
- 9.2 Chemical Reactions Involved
- 9.3 Detailed Process Flow
- 9.4 Raw Material Requirements
- 9.5 Mass Balance and Feedstock Conversion Rates
10 HPMC Feedstock Market Analysis
- 10.1 Cotton
- 10.1.1 Market Performance
- 10.1.1.1 Volume Trends
- 10.1.1.2 Value Trends
- 10.1.2 Price Trends
- 10.1.3 Market Breakup by Region
- 10.1.4 Market Breakup by End Use
- 10.2 Wood Pulp
- 10.2.1 Market Performance
- 10.2.1.1 Volume Trends
- 10.2.1.2 Value Trends
- 10.2.2 Price Trends
- 10.2.3 Market Breakup by Region
- 10.2.4 Market Breakup by End Use
- 10.3 Propylene Oxide
- 10.3.1 Market Performance
- 10.3.1.1 Volume Trends
- 10.3.1.2 Value Trends
- 10.3.2 Price Trends
- 10.3.3 Market Breakup by Region
- 10.3.4 Market Breakup by End Use
- 10.4 Methyl Chloride
- 10.4.1 Market Performance
- 10.4.1.1 Volume Trends
- 10.4.1.2 Value Trends
- 10.4.2 Price Trends
- 10.4.3 Market Breakup by Region
- 10.4.4 Market Breakup by End Use
- 10.5 Sodium Hydroxide
- 10.5.1 Market Performance
- 10.5.1.1 Volume Trends
- 10.5.1.2 Value Trends
- 10.5.2 Price Trends
- 10.5.3 Market Breakup by Region
- 10.5.4 Market Breakup by End Use
- 10.5.5 Key Suppliers